Archive for the ‘Business’ Category
Black tie gala at Englewood Hospital and Medical Center
There are only a few days left to purchase tickets for the Englewood Hospital and Medical Center Foundation’s Black Tie Gala on Saturday, April 30 at Pier Sixty, New York City. This year, the medical center is honoring Jay C. Nadel, Chairman of the Hospital Board. Guests will also enjoy entertainment by comedian Howie Mandel. So [...]
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Unemployment in slight decline
By Jacqui Atchison Initial claims for unemployment benefits fell by 42,000 to 415,000 for the week ending January 29. Continuing claims for the week ending January 22 fell by 84,000 to 3.9 million. The unemployment rate fell to 9 percent in January from 9.4 percent in December. The Mortgage Bankers Association said its seasonally adjusted [...]
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Gross Domestic Product trending up, housing off
By Jacqui Atcheson The Commerce Department announced that gross domestic product — the total output of goods and services produced in the U.S. — increased at an annual rate of 3.2 percent in the final quarter of 2010. This follows a 2.6 percent pace of growth in the third quarter of 2010. The Standard & [...]
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Jim Weichert named to realtors list
Jim Weichert, founder and president of Weichert, Realtors, has been selected for the Inman News list of the ‘100 Most Influential Real Estate Leaders’ for 2010. This year’s selection is the fourth consecutive year that Weichert was honored with this celebrated distinction. Jim Weichert was recognized in the ‘Brokerage’ category, which is reserved for company [...]
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Fannie, Freddie Ginnie Who are they?
By Jacqui Atcheson President Franklin D. Roosevelt’s New Deal established the Federal National Mortgage Association (Fannie Mae) in 1938 as a federal agency in the wake of the Great Depression. Its purpose was to bring liquidity, stability and affordability to the U.S. housing and mortgage markets. Congress converted Fannie in 1968 to a publicly held [...]
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Fairleigh Dickinson University probes those doing better, doing worse
Nearly half (48 percent) the respondents in this year’s state-wide annual consumer survey by Fairleigh Dickinson University’s Silberman College of Business, say they are worse off financially, which is a 6-point decline from a year ago. At the same time 25 percent of adults participating in this poll say they are better off financially than [...]
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Minor adjustements as economy finishes 2010
By Jacqui Atcheson Wholesalers decreased their inventories 0.2 percent in November, following a revised 1.7 percent rise in October. Sales at the wholesale level rose 1.9 percent in November after a revised 2.6 percent increase in October. The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending January [...]
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Closter seeks back taxes from plaza
By Nancy Morehouse CLOSTER- In an attempt to recover the back taxes from the owners of Closter Plaza, located on Vervalen Street, the borough has hired a bankruptcy attorney. Attorney Gary Norgaard of the Englewood firm Stern, Lavinthal, Frankenberg & Norgaard LLC will file a motion in U.S. Bankruptcy Court in Newark in order to [...]
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GPS link now provided by New York Waterway
N.Y. Waterway has recently begun offering visual access to its GPS Bus Locator system on all smartphones, iPads, Microsoft OS, Motorola OS and computers. The service, also available by calling 1-877-53-BUSES, provides real-time access on the location and status of free shuttle buses serving N.Y. Waterway’s West 39th Street Ferry Terminal and will be available [...]
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Revaluation hearings scheduled for Tenafly taxpayers
TENAFLY – The revaluation of all real estate property in the borough is now complete and notices of new valuations are being distributed to taxpayers, according to Borough Assessor Carol C. Byrne. Assessments have not been finalized and property owners are offered the opportunity to have an informal review of the new valuations with representatives [...]
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